Search found 798 matches

by donall
Fri Nov 16, 2018 12:57 pm
Forum: Personal Consumer Issues
Topic: Home sale etiquette: wall repair
Replies: 43
Views: 2017

Re: Home sale etiquette: wall repair

Buying a house is stressful. As a seller, house is super clean and no holes in the walls. Filters are changed. Appliance literature and utility information given at closing. Champagne bottle in refrigerator.
by donall
Sat Nov 03, 2018 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: RE Newbie: Buying Family Owned Home
Replies: 14
Views: 1058

Re: RE Newbie: Buying Family Owned Home

Private parties may discount price if there is no real estate commission involved.
by donall
Fri Oct 26, 2018 6:24 pm
Forum: Personal Consumer Issues
Topic: "Donating" unused family burial "spots"
Replies: 21
Views: 1739

Re: "Donating" unused family burial "spots"

Grave sites are often forgotten or not mentioned in wills, so many times statuatory laws or regulations govern ownership of grave sites. Ownership of grave sites can get weird. Records can be handwritten in deteriorating ledger books, names can be mispelleled, deeds can be damaged with fire or water...
by donall
Thu Oct 25, 2018 8:33 pm
Forum: Personal Consumer Issues
Topic: "Donating" unused family burial "spots"
Replies: 21
Views: 1739

Re: "Donating" unused family burial "spots"

The public cemetery near us has a few grave sites that were donated with the stipulation that the burial be “indigent” persons. Burials and funerals are important for family closure. Interestingly families who are not well off often have purchased graves for family members. One grave site is in less...
by donall
Mon Oct 15, 2018 8:51 am
Forum: Personal Consumer Issues
Topic: Not convinced with insurance
Replies: 45
Views: 3684

Re: Not convinced with insurance

The cheapest way to add additional liability insurance is to up your homeowners liability limits. You already have some amount of liability insurance thru your homeowners policy, upping the limits to $500k or so will be quite cheap. Ralph Absolutely raise liability on homeowners. We did this for a ...
by donall
Sat Oct 13, 2018 12:22 am
Forum: Personal Finance (Not Investing)
Topic: Switching from ACA to Medicare
Replies: 32
Views: 3507

Re: Switching from ACA to Medicare

ACA uses family size and income to determine the premium and subsidy. If one of the couple starts Medicare, the family size stays the same at 2. The same would happen if the two children are in Medicaid, while parents obtain ACA insurance, where the family would be 4.
by donall
Mon Sep 24, 2018 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care
Replies: 92
Views: 4835

Re: Long Term Care

In five years SS and your pension will net approximately $135,000. Combined with 4% of $4.9 million is approximately $330,000 per year. Pretty sure that amount will fund high quality care for two forever.
by donall
Mon Sep 24, 2018 10:02 am
Forum: Personal Consumer Issues
Topic: Dark stain wood floors
Replies: 27
Views: 2455

Re: Dark stain wood floors

Our house was originally built with the dark oak floors and loads of gorgeous woodwork. We have both polyurethane in an area of the house and traditional wax in another part. If noticeable scratches appear, we just clean the scratch with a solvent and then add stain and wipe. Let dry and then cover ...
by donall
Thu Sep 20, 2018 12:07 am
Forum: Personal Consumer Issues
Topic: Dental work and hypertension issue
Replies: 42
Views: 3522

Re: Dental work and hypertension issue

Make sure that if you sign up for Dental insurance you choose a plan that will pay for crown/bridges in first year. Some plans will only pay for crowns, etc. in the second year.
by donall
Wed Sep 19, 2018 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: Physical Banking - Any benefits anymore?
Replies: 139
Views: 8824

Re: Physical Banking - Any benefits anymore?

Notary, medallion, redemption of paper savings bonds, safety deposit box, paying property taxes. A bank is also a comfortable place for the buyer to get cash for the car purchase. And oddly when I got paper checks from work, they were rejected by the ATM and so I had to have the teller deposit the c...
by donall
Sat Sep 15, 2018 12:50 am
Forum: Personal Finance (Not Investing)
Topic: Service Date for Vesting - Teacher
Replies: 12
Views: 895

Re: Service Date for Vesting - Teacher

I would check with the retirement system to determine what is a credible year for a teacher. Often a credible year is a school year or end of the fiscal year.
by donall
Fri Sep 14, 2018 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Critical Account
Replies: 20
Views: 2529

Re: Critical Account

Just have a joint checking account with wife. Make sure that you also have beneficiaries on that account.
by donall
Mon Sep 03, 2018 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for an 87-year-old?
Replies: 36
Views: 2215

Re: Advice for an 87-year-old?

Ten years ago I assisted a relative in setting up a CD ladder at Schwab. It provided monthly income as checks and a physical presence (online banking was not understandable). This was the best solution for the 80 year old, as money was never lost and the monthly checks provided money for wants. Toda...
by donall
Mon Sep 03, 2018 6:02 pm
Forum: Personal Consumer Issues
Topic: F2 Tornado just slammed our area - Any way to recover expenses?
Replies: 18
Views: 1559

Re: F2 Tornado just slammed our area - Any way to recover expenses?

Lightning hit one of our old oaks in the back yard. Insurance (State Farm) paid for tree removal.
by donall
Sat Sep 01, 2018 7:45 am
Forum: Investing - Help with Personal Investments
Topic: Will I ever sell Ibonds from 2001 - 3% fixed
Replies: 78
Views: 5227

Re: Will I ever sell Ibonds from 2001 - 3% fixed

- iBonds are tax free while you hold them, - at redemption time, you pay federal taxes on the growth, but not state taxes. This makes me wonder if it would be a good idea to pass I Bonds on as an inheritance(as mentioned above) particularly to a youth, since they will have no taxes, or a low tax br...
by donall
Sat Sep 01, 2018 7:01 am
Forum: Investing - Help with Personal Investments
Topic: Advice for my son - 20 years old with a spare $10K
Replies: 13
Views: 1382

Re: Advice for my son - 20 years old with a spare $10K

Wow, pretty impressive financial situation for a 20 year old. Would echo what others have said that Roth IRA should be maxed first and be invested in an index stock fund. Although not recommended, Roth contributions can be withdrawn without penalty (though I would not do this is fund has lost value)...
by donall
Thu Aug 30, 2018 3:00 pm
Forum: Personal Consumer Issues
Topic: Health Insurance Terminated, Can't Reinstate
Replies: 11
Views: 1991

Re: Health Insurance Terminated, Can't Reinstate

please read this explanation:
https://www.healthcare.gov/apply-and-en ... ce-period/
Good luck. Reinstating health insurance is not easy.
by donall
Tue Aug 28, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Post Mortem Settlement
Replies: 59
Views: 4648

Re: Post Mortem Settlement

If there are listed beneficiaries on accounts, assets such as the house are titled in the trust (or in your case in the names of the 4 children), and the will refers to the trust as the guiding document (pour over will) there ie no need to go through probate. You can probably just use a small estate...
by donall
Wed Aug 22, 2018 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance—Advice Requested
Replies: 63
Views: 7004

Re: Inheritance—Advice Requested

I am a fan of the smoothing concept. From what I see, it seems that at 70 your income will triple. Why not in addition to planning for retirement you also build in higher income before 70? Things change rapidly when over 50.
by donall
Mon Aug 20, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: Composite Decking Material
Replies: 41
Views: 3375

Re: Composite Decking Material

IPE is often used in commercial construction. Some contractors do not like to use the composite materials.
by donall
Mon Aug 13, 2018 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: First time ACA coverage with question
Replies: 21
Views: 1936

Re: First time ACA coverage with question

When the student gets their own insurance from a job, you will notify the Marketpkace about the change and get a new premium. The student is not on your taxes as dependent and so their income will not be part of the family income. ACA follows tax status. I’m adding that student can be part of house...
by donall
Sun Aug 12, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: How to have “what if” discussion with retired parents?
Replies: 48
Views: 4718

Re: How to have “what if” discussion with retired parents?

Hard to change family dynamics. I’ve been in this situation. It took almost 9 years of incremental changes to get a supporting situation. I started the conversation asking what the parent’s investment goals were. It turned out there were no goals other than to get a monthly check. Luckily my parent ...
by donall
Sun Aug 12, 2018 11:51 am
Forum: Personal Finance (Not Investing)
Topic: First time ACA coverage with question
Replies: 21
Views: 1936

Re: First time ACA coverage with question

When the student gets their own insurance from a job, you will notify the Marketpkace about the change and get a new premium. The student is not on your taxes as dependent and so their income will not be part of the family income. ACA follows tax status. I’m adding that student can be part of househ...
by donall
Sun Aug 12, 2018 11:45 am
Forum: Personal Consumer Issues
Topic: LTCi Underwriting Home Interview
Replies: 5
Views: 659

Re: LTCi Underwriting Home Interview

Have someone with you during the exam that can keep you calm.
by donall
Sun Aug 12, 2018 10:59 am
Forum: Personal Finance (Not Investing)
Topic: First time ACA coverage with question
Replies: 21
Views: 1936

Re: First time ACA coverage with question

Taxes will be predictable as student will not be a dependent. With a decrease in family size, the subsidy will decrease. As for ACA insurance cost and premium tax credit, cost and credit will be prorated through forms 1095-A and 8962. You can look up the difference in monthly premiums/subsidy with a...
by donall
Fri Aug 10, 2018 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Post Mortem Settlement
Replies: 59
Views: 4648

Re: Post Mortem Settlement

OP, great job on helping your wife during a difficult time.
I’m adding to this by suggesting you get one last credit report then write the three agencies of your MIL’s passing.
by donall
Thu Aug 09, 2018 1:34 pm
Forum: Personal Consumer Issues
Topic: Moving soon; whom to hire to help me move?
Replies: 27
Views: 2487

Re: Moving soon; whom to hire to help me move?

If you are in your 20s you can probably find enough friends to help you move. You will need to provide plenty of beverages and be on call for your friends’ moves. Of course your apartment is probably not fully furnished since you got a lot of the furnishings from the prior tenant or Craigslist. If y...
by donall
Mon Aug 06, 2018 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Help! Death of Grandfather - creating to do list for Grandmther
Replies: 23
Views: 1823

Re: Help! Death of Grandfather - creating to do list for Grandmther

Your grandmother is lucky to have your help. It is so much easier if there is someone there for support. - if an obituary is published, try to make it as vague as possible and do not include last names of children or any previous names. Concentrate on the person’s accomplishments and social aspects....
by donall
Fri Aug 03, 2018 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Home is *just* outside flood zone - how much flood insurance do I buy?
Replies: 50
Views: 3153

Re: Home is *just* outside flood zone - how much flood insurance do I buy?

Make sure you understand your coverage. Flood insurance does not cover basement improvements such as drywall, flooring etc. Thanks. This confuses me a little bit because I can't tell from the documentation whether drywall in *basements* is covered or not...see pg. 3: https://www.wrightflood.net/sta...
by donall
Fri Aug 03, 2018 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Home is *just* outside flood zone - how much flood insurance do I buy?
Replies: 50
Views: 3153

Re: Home is *just* outside flood zone - how much flood insurance do I buy?

Please use the following link to determine what is covered by flood insurance https://www.fema.gov/faq-details/Flood-Insurance-Coverage-for-Basement-Contents I don’t think that finishes such as drywall, flooring, etc. are covered in basements. I researched this for a unit that was half below ground ...
by donall
Thu Aug 02, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: DW job in dangerous area
Replies: 90
Views: 7206

Re: DW job in dangerous area

OP, will your wife work in a high school or K-8? Schools are often the safest place in a neighborhood. Your wife will be surrounded by other school personnel that includes security guards. High schools are inherently less safe than grade schools but often have more security guards, police, social wo...
by donall
Mon Jul 23, 2018 8:00 pm
Forum: Personal Consumer Issues
Topic: I want to sell my home, but I don't want to fix it up
Replies: 72
Views: 8796

Re: I want to sell my home, but I don't want to fix it up

Many realtors know and have experience with local contractors. Use the realtors as a resource, as realtors can often recommend someone who can complete a job in a timely manner.
by donall
Mon Jul 23, 2018 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone sell their car to Carmax or webuyanycar.com?
Replies: 34
Views: 3987

Re: Anyone sell their car to Carmax or webuyanycar.com?

We like to use Carmax for fairly new cars that still have a warranty. Easy and fast service. For older cars that are worth less than $10,000, selling privately works well and nets a higher price. We have often sold the older cars to parents buying cars for their teens.
by donall
Mon Jul 23, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Please - Need Help With Pension Plan Options
Replies: 16
Views: 1184

Re: Please - Need Help With Pension Plan Options

Personally I would go with option 3. You can think of it as paying $3800 per year for peace of mind for DW in case of your death. Otherwise you look set for anything with your assets.
by donall
Mon Jul 23, 2018 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Buy house for retired mother?
Replies: 72
Views: 5202

Re: Buy house for retired mother?

OP, I think the plan is simple and if your mother is fine with it go ahead. Your plan demonstrates great sensitivity to an elder’s independence. With your income level and assets, you may be losing the opportunity costs of $300,000, which is a small price to pay for securing your mom’s retirement. I...
by donall
Wed Jul 18, 2018 12:55 pm
Forum: Investing - Theory, News & General
Topic: Broker CD - Death of Holder
Replies: 1
Views: 343

Re: Broker CD - Death of Holder

Not sure what a conditional put is. But with a death put on brokered CDs can get face value if CD has lost value. This works for CDs held as individuals or in trust. If CD has increased in value then just sell for higher price.
by donall
Wed Jul 18, 2018 8:31 am
Forum: Personal Consumer Issues
Topic: Question about new construction basement houses
Replies: 19
Views: 1545

Re: Question about new construction basement houses

In addition to all the great advice from postings it is very cost effective to install drain tile both inside and outside basement walls if you are building a house.
by donall
Sun Jul 15, 2018 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: 26 years old. Roth ira with edward jones last 3.5 years.
Replies: 44
Views: 2839

Re: 26 years old. Roth ira with edward jones last 3.5 years.

OP you are in a paradigm shift from taking someone else’s advice to using your own judgement. You are on the right path and am happy that you are making the transition at a young age.
by donall
Sun Jul 15, 2018 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance gap
Replies: 10
Views: 1106

Re: Health insurance gap

Prepare paperwork for Cobra but do not send in. Son has up to sixty days to apply for Cobra, so he can apply up to October 12, as October 14 is a Sunday. If after two weeks, if no medical care is needed son does not pay for Cobra or send in paperwork. If medical care is necessary (and costs more tha...
by donall
Fri Jul 13, 2018 9:32 am
Forum: Investing - Help with Personal Investments
Topic: Old Drip Accounts - Worth Moving to Consolidate?
Replies: 9
Views: 712

Re: Old Drip Accounts - Worth Moving to Consolidate?

You should look at your DRIP statements! I’m sure you will see that there are fees involved in reinvesting dividends. Computershare charges a high percentage for buying more stock especially if the amounts are small. You will also find that selling DRIPs involves costs and you may not be able to pic...
by donall
Thu Jul 12, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 366
Views: 19888

Re: COMING SOON: BOGLEHEADS PODCASTS

pop77 wrote:
Thu Jul 12, 2018 2:09 pm
The Boglehead Way
These three words have been used in a number of suggestions with longer names. But I like this for the simplicity and broadness as I think being a Bogleheads is not only about investing. I look forward to these podcasts!
by donall
Sun Jul 08, 2018 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Accidental Death & Dismemberment Insurance
Replies: 27
Views: 2194

Re: Accidental Death & Dismemberment Insuranc

AD and D is very cheap insurance and I am always tempted when I see the rates. But AD and D is very limited! What if you die in a car crash of a heart attack and not because of your injuries? Would AD and D pay? I’ve never seen AD and D offered for more that $100,000. Offers usually come via mail fr...
by donall
Sat Jul 07, 2018 7:52 pm
Forum: Personal Consumer Issues
Topic: $50+ gas bill for $4 in gas?
Replies: 16
Views: 3217

Re: $50+ gas bill for $4 in gas?

I’ve also noticed gas bills going higher. Last summer I noticed really high bills. As it turned out we had a gas leak outside. Same thing happened to a neighbor who had a leak at the meter.
by donall
Sat Jul 07, 2018 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Which route for older adult with no retirement?
Replies: 19
Views: 2598

Re: Which route for older adult with no retirement?

Congtradulations on starting a retirement account! It sounds like your spouse is financially savvy. You are over 50 so you can contibute up to $6500 to an IRA. You should indicate more about your financial picture, as your total income, expected age of retirement, etc. will determine the best advice...
by donall
Thu Jul 05, 2018 5:36 pm
Forum: Personal Consumer Issues
Topic: Walking Coast-to-Coast
Replies: 86
Views: 7532

Re: Walking Coast-to-Coast

Very inspirational. I’m glad you are sharing your experiences. Looking forward to the book.
by donall
Thu Jul 05, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: Any advice health insurance options for healthy 23 year old male in US seeking political asylum?
Replies: 19
Views: 1632

Re: Any advice health insurance options for healthy 23 year old male in US seeking political asylum?

Ithenderson, your mother is considered part of your household because you include her on your taxes. If a legal migrant is working and filing their own taxes (not a dependent) then they will use their own income to file for ACA and receive subsidies if income is low (this may be dependent on the typ...
by donall
Thu Jul 05, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Revocable Living Trusts-Homeowners-Umbrella Insurance
Replies: 10
Views: 1803

Re: Revocable Living Trusts-Homeowners-Umbrella Insurance

Many thanks for the reminder! We just added trusts to home and umbrella insurance.
by donall
Sat Jun 30, 2018 2:09 pm
Forum: Personal Consumer Issues
Topic: Any Reason to Keep My "Landline" Phone?
Replies: 65
Views: 4415

Re: Any Reason to Keep My "Landline" Phone?

Voice quality with VOIP is much better than cell phone. Cell phone coverage is also spotty in house.
by donall
Sat Jun 23, 2018 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Fixing My Cost Basis [on inherited stocks]
Replies: 13
Views: 953

Re: Fixing My Cost Basis [on inherited stocks]

I think I had to fill out a form to get the stocks and bonds reset at the date of death level.